#electricity

Shooting up across the island, solar farms are raking it in, boasting profit margins that would make John D Rockefeller go green with envy. The public has noticed, and so ...

Further deliberation is needed over the energy minister’s proposal to create a state-owned electricity grid company, EAC board director Giorgos Petrou said on Friday, after a preliminary meeting. The ...

Energy Minister George Papanastasiou has proposed the creation of a state body that can participate in the energy connection between Cyprus and Greece so as to avoid mistakes of the ...

Seabed surveys for the Cyprus-Greece leg of the Great Sea Interconnector (GSI) will imminently proceed upon receipt of instructions from the providing company [Admie], the energy minister stated on Wednesday. ...

A prolonged high price of oil due to the Middle East crisis may lead to consumers paying more for electricity in Cyprus, while some investments may also be at risk, ...

The north’s electricity authority Kib-Tek has the right to cancel its 15-year procurement contract with Turkish energy company Aksa over contract breaches with regard to the planned subsea electricity ...

Intense discussions are set to take place on Tuesday regarding the Cyprus-Greece electricity interconnector, with the Council of Ministers set to meet at 11.30am ahead of a crucial meeting between ...

Good news on the Great Sea Interconnector (GSI) front, but priority must now shift to implementing measures that will bring electricity prices down between now and 2030, when the GSI is ...

Cabinet’s final decision over the regulatory framework of the leg of the Great Sea Interconnector project which runs between Crete and Cyprus was delayed for another day on Wednesday, ...

The government is in talks with a number of stakeholders over the Great Sea Interconnector project, with a key aim of ensuring reduced electricity prices to the public, President Nikos ...

Cyprus’ authorities “have not seen” the financing plan for the Great Sea Interconnector project, the finance ministry’s permanent secretary George Panteli said on Wednesday. Speaking at an extraordinary meeting ...

Decisions regarding the mooted electricity connection between Cyprus and Greece need to be taken sometime in the next few weeks, Energy Minister George Papanastasiou stressed on Tuesday. He was referring ...

This week saw the Electricity Authority of Cyprus and private energy producers trading barbs over who is gouging consumers and who’s responsible for the high electricity prices. So what’...

A shipment of 12,000 tonnes of diesel is expected to arrive in the north on Wednesday to power the Teknecik power station, as repair work continues on its broken and dysfunctional ...

“Damage is inevitable” to Cyprus’ electricity grid with the related power cuts a foreseeable consequence during times of heightened consumption, transmission system operator (TSO) spokeswoman Chara Kousiappa said on Friday. ...

As the debate heats up over the Great Sea Interconnector, with the government poised to decide in about three months on whether to become an equity investor, questions still hang ...

The Employers and Industrialists Federation (OEV) have weighed in on the proposed subsea electricity cable linking the Cypriot grid to Greece, calling the project an opportunity not to be missed. ...

Without transparency and proper financial analysis, the Great Sea Interconnector risks turning into a bane for Cypriot consumers, the House commerce committee chairman said on Wednesday. Disy MP Kyriacos Hadjiyiannis, ...

Cyprus’ decision on investing in the Great Sea Interconnector project will hinder whether the cost-benefit analysis is approved, it was reported on Wednesday. Speaking to CyBC in the morning, Energy ...

Electricity supply is expected to run smoothly, despite the high demand due to hot weather. Cyprus’ transmission system spokeswoman Chara Kousiappa said demand on Thursday was estimated to peak at 1,150...

Electricity demand on Friday is expected to be higher than the previous day due to the unusual heatwave, Cyprus’ transmission system spokeswoman Chara Kousiappa said on Friday. Maximum demand is ...

Cyprus’ Electricity of Authority (EAC) has approved works that will cost €45 million, it was reported on Wednesday. According to the head of the authority George Petrou, the EAC board of ...

The first results of the cost-benefit study requested by the energy ministry for the Greece-Cyprus Great Sea Interconnector electricity project are anticipated to be unveiled by the end of May, ...

Cypriot consumers should not pay anything for the Great Sea Interconnector until the project is up and running, the energy minister asserted on Monday. “It’s a matter of principle,” ...